2006

Share Capital Account Tainting

Source: Victoria

Published Date: 21 Jun 2006

 
"Share Capital Account Tainting"? is a concept that over the last four years had disappeared into a legislative abyss, but is now very much back with a vengeance. With the introduction of Taxation Laws Amendment (2006 Measures No.3) Bill 2006 on 25 May 2006, the issue of share capital account tainting again demands the attention of all corporate taxpayers.

The tainting of a share capital account can potentially have disastrous consequences. In addition to providing an overview of the relevant concepts and concerns, these materials consider how the proposed new provisions will interact with both the tax consolidation regime and the Australian equivalent of International Financial Reporting Standards (AIFRS). They also examine what these provisions mean for share-based remuneration arrangements.

Share capital tainting

Author(s): Richard Buchanan FTI-Life
Materials from this session:

What is tainting?

Author(s): Sarah Bernhardt
Materials from this session:

Details

  • Published On:21 Jun 2006
  • Took place at:RACV Club, Melbourne

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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